As US President, Donald Trump, reluctantly signs new legislation imposing sweeping new sanctions on Russia, it has been revealed that existing sanctions on the country, designed to prevent frontier oil and gas exploration, are not working.

Washington DC is still reeling this morning with the news that Donald Trump yesterday sacked FBI director, James Comey. Ostensibly, the White House is saying that Comey’s firing is all about his botched investigation into Clinton’s emails. But everyone knows that is not the truth.

Even in their wildest dreams the oil boys at Exxon could never have imagined that their man would actually make it to one of the top jobs in the US Government. But this now looks likely after the Senate Foreign Relations committee narrowly voted to approve ex-Exxon boss, T-Rex Tillerson as Secretary of State yesterday.

Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.